Investment Analysis
Asking Price
$505K
Wholesaler Price
Est. ARV
$629K
Tap to compare sources
Spread
$124K
80¢ on the dollar
Compare ARV Sources
Wholesaler
$618K
Wholesaler's estimate
82¢ on the dollar
Rocket ARV
$618K
94% confidence
82¢ on the dollar
Zillow High
$556K
Zestimate range
91¢ on the dollar
AVM High
$721K
88% confidence
70¢ on the dollar
Comparable Sales
Subject
Comps
Rocket ARV
1
511 NW 39th Ave, Miami, FL 33126
3 bed · 1 bath · 1,284 SF · 0.47 mi
$650K
Jan 2026
2
525 NW 32nd Ave, Miami, FL 33125
2 bed · 1 bath · 1,215 SF · 1.24 mi
$555K
Jul 2025
3
4300 NW 4th St, Miami, FL 33126
3 bed · 2 bath · 1,381 SF · 0.11 mi
$650K
Feb 2025
Rental Income
RentCast
$2,950/mo
Market Rent · Feb 2026
$35,400
Annual Rent
7.0%
Gross Yield
$2.19
Rent / Sqft
$1475
Per Bedroom
Property Details
2beds
1baths
1,344sqft
4,356lot sqft
1952built
TypeSingle Family
Stories1
ExteriorConcrete block
RoofOther
ConstructionConcrete
FlooringVinyl/Resilient
Lot Frontage49 ft · 4,356 sqft (0.10 acres)
Zoning5700:DUPLEXES,GENERAL
SubdivisionWATERMAN PARK
PoolNo
GarageCarport (Unspecified)
Deal Highlights
Corner lot
Near airport
Development potential
Room to expand
Overview
2/1 corner property in a prime location, close to the airport and stadium, with room to expand and strong development potential—ideal for renovation, upgrade, or new construction.
Read More ▾ Big Ticket Items & Permit History
Roof
Unknown
No records found
Unverified
A/C
Unknown
No records found
Unverified
Impact Windows
Unknown
No records found
Unverified
Water Heater
Unknown
No records found
Unverified
No permit or code violation data available for this property.
Equity, Debt & Value Allocation
Based on Asking Price
$505,000
Loans $67,110 | LTV 13.3%
Equity $437,890 | ETV 86.7%
1ST MORTGAGE
$67,110
AVAILABLE EQUITY
$437,890
Value Breakdown
$320,641
Land $220,861 | 68.9%
Building $99,780 | 31.1%
Assessed Value '24
$132,680
Annual Tax '24
$2,201.39
Effective Tax Rate
1.66%
Homestead
✓ Yes